Abu Dhabi banks slash over 900 jobs in 12 months
SCAD said the figures were for all of the commercial and Islamic banks it studied in Abu Dhabi. These job…
Comment & Analysis
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Banks to see loan surge in Ramadan
Consumer loans will get a big boost during the holy month of Ramadan. Car loans will ride on the wave…
Kuwaiti government highest-spending in the world
The government of Kuwait has been ranked as the highest spending in the world, according to Al Qabas newspaper. …
UAE economy poised for growth pick up, EFG-Hermes says
The UAE’s economy will turn the corner next year, with growth outstripping 2017, thanks to improvement in the nonoil economy,…
Iranian Bank Account Closures in 3 Countries Dampen Trade Prospects
Iranian bank accounts in a handful of regional countries are being closed en masse due to reasons ranging from strained…
A must-do list for Mideast’s fintech businesses
While still in its early days, financial technology is already having a profound impact. Nearly half of all adults globally…
Why Aramco Investors Should Scrutinize Saudi Rights Record
Global investors are no doubt closely following what is billed as the world’s largest initial public offering with Saudi Aramco’s…
Large portion goes in paying public employees’ salaries
According to a statistic prepared by the Central Bank of Kuwait, the country’s public spending is the highest in the…
UAE banking sector crisis: 3,000 jobs cut
The banking sector in the country has been in a state of upheaval over the past 12 months after 3,000…
Standard Chartered holds Middle East Summit in the UAE
Standard Chartered hosted its signature Corporate and Institutional Banking Clients’ event - Middle East Summit - at the Mina A’Salam…
DSI holding talks with banks on restructuring
Drake and Scull International, the Dubai-listed construction firm, said on Tuesday that it is continuously holding several meetings and discussions…
Trust in Technology – HSBC
Digital technology is rapidly changing the world. The number of mobile banking users is forecast to double between 2015 and…